The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-05-04
THE CITY'S LAND SALE.
TWELVE BLOCKS OF THE DILLON
TRACT SOLD FOR $27,8oo.

oOA-A@
An Advance of S., 100 Upon the Min
imum Valuation - The Highest
Priced Lots Yet Unsold-W Who the
Purchasers Are and What They
Paid for the Property.
A crowd of hundred on more people
gathered around City Marshal r. j. Wade
when he mounted rickety table in front of
the county court house yesterday forenoon
TO sell twenty-five blocks of the Dillon tract.
Among those present were the members of
the Council Committee on City Lots. The
land lies between Seventh and Twelfth
and Barnard and Florance streets.
The portion put up for sale comprised per-
haps little more thsn one-half of the whole
tract purchased by the city less than
year ago for 100000. All of the
streets, eleven i'll number, passing
through the original tract were reserved by
the city, and also row of five blocks north
of Seventh street and two blocks south of
Tenth, between Whitaker and Barnard
The terms were one-fourth cash, one-fourth
payable Sept. /, and the balance in one and
two years at z pei cent. interest. Under a
resolution adopted by the City Council, the
Committee on City Lots had placed a mini
mum pIice on each block. These minimum
values ranged from $500 to s., 500. according
to the locality of the property, and
they aggregated $4,000. Some of the
blocks contained eight lots, others ten, and
still others sixteen.
Block A, lying between Barnard and JEFF
ferson and Seventh and Eighth, was the first
offered. It was supposed to be the most de-
sirable, and hence the most valuable block
Cor sale The minimum price was S., 800.
The City Marshal called it a number of
times, but did not get bid and it was
withdrawn.
Block E, bounded by Eleventh and
West Twelfth and Barnard
and Jefferson, was the second
put up. 1t contains ten lots and the mini
started it at 81, 000 Some one bid $50 more,
and then it raised $40 and s. at time
until it reached 50 $50, when it was knocked
down to Mr.. Dorsett. After that four
blocks were withdrawn before a bid could
be obtained. Except in one or two cases
there was very little spirit in the bidding.
Altogether twelve blocks of the twenty-five
were sold, the other thirteen being with
drawn because no one would offer the mini
mum price.
The result of the sale in detail was as fol-
lows:
First tier, extending north and south be-
tween Barnard and jefferson, block A
minimum price $500, withdrawn.
B-Miniinum, 5000, withdrawn.
: C-Minimum, 81 800, withdrawn.
minimum, $1,000, bought by C. Ii.
Dorsett.
Second tier between jefferson and Mont
geometry:
minimum s4,4OO, withdrawn, but
afterwards sold to Yellowstone Kit for
S4,400.
minimum $4,000, withdrawn.
Minimum $1,000, withdrawn
Minimum $2,400, withdrawn.
Minimum $1,000, bought by Patrick
Burns for 81, $50.
Third tier, between Montgomery and West
Broad:
Minimum 81, 400, withdrawn.
Minimum $500, withdrawn.
Minimum $2,400, bought by Thomas
Nugent for s., 400.
minimum 81 200, bought by NJ. j.
Fourth tier, between West Broad and
Burroughs
minimum $1,000, withdrawn.
Q-Sold to F. NJ. Hull at the minimum,
$4,000.
minimum $4,000, withdrawn
S-Minimum 81 800, withdrawn.
Minimum $500, bought by E. j. Ken
nedy for 81 900.
Fourth tier, between Burroughs and Flor
ence. sixteen lots in each block:
Minimum $500, sold to M. j. Solo
mons for $1,000
V-Sold to d. B. Lester at the minimum,
S2,S00
W-Sold TO NJ. j. Solomons for the mini
mum, s., 800
Minimum $4,000, sold to d. B. Lester
for 5000.
Minimum 81, 400, sold to Isaac Roos
for 81, $40.
The twelve blocks sold brought S27, 800, or
considerably less than one-h half the minimum
placed on the whole property. The blocks
sold were mostly the ones on the outskirts
Of the tract. The high-priced ones were let
alone. What will be done with the unsold
portion is undetermined The city may
offer the blocks at private sale or readjust
the minimum prices and put the property
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